Bitcoin is overpricing retail participation: reading the price risks tape

Cycles rhyme, but the plumbing underneath keeps changing.

Useful frameworks survive longer than seasonal slogans.

Even when feeds obsess over “BTC price risks $80K loss into FOMC, earnings: Three things to know in Bitcoin this week,” the durable question remains process versus prediction.

Ignoring spot ETFs because sanctions screening looks exciting is how late-cycle mistakes compound.

Mapping spot ETFs against sanctions screening is a simple way to stress-test a thesis.

Keywords: MPC · rollup · AML · HODL